Economists at J.P. Morgan Chase now see the Fed moving in the third quarter of next year instead of in the last three months of that year.

They are not alone.

Paul Ashworth, chief U.S. economist at Capital Economics, said that he thinks the Fed will hike rates for the first time in March.

And Rick Rieder, chief investment officer at BlackRock Fundamental Fixed Income said: “we believe that this data, combined with other recent employment indicators, and a firmer set of inflation readings, gives the Fed ample room and flexibility to begin adjusting front-end interest rates.”

According to MarketWatch’s Ben Eisen, the market has followed suit:

Traders who use futures contracts to bet on the path of the fed funds rate project a 57% chance that the first rate hike will happen in June 2015, versus the previous day’s probability of 51%, according to CME FedWatch.